American Airlines Earnings Show Hope for New Strategies

Fort Worth, Texas-based American Airlines reported earnings for the third quarter on Thursday morning, announcing a net loss of $2.4 billion on the back of $3.17 billion in revenue, a 73% revenue decrease from the same period in 2019. The company's stock dropped in early trading on Monday as the airline also said it would look to raise even more money through another round of equity funding. The company said that it operated a total of 41% of its usual…